IREIS 'Developers-Agents Meet' creates B2B platform to pull FDI to UAEThe International Real Estate Investment Show (IREIS) hosted a high-level Real Estate Developers-Agents Meet to create a networking platform among IRIES stakeholders and support the Real Estate investment sector of UAE. The main focus of this elite B2B gathering was to highlight the recent investor-friendly economic reforms and growing investment opportunities in the UAE. Both Abu Dhabi Finance, t...

Donald Trump says new trade deal is 'most important ever'Donald Trump said the new trade deal struck with Canada and Mexico was "the most important" ever agreed by the US.
The president said the United States-Mexico-Canada Agreement (USMCA), which replaces Nafta, would bring thousands of jobs back to North America.
Speaking at the White House, Mr Trump said the new pact vindicated his threats over trade tariffs.
The new deal covered trade betwe...

‘IREIS’ ties-up with ‘Abu Dhabi Investment Office’ to attract Investors to UAEUAE-based International Real Estate and Investment Show today announced tie-up with Abu Dhabi Investment Office, which will give the show a strategic push to attract investors in the emirate of Abu Dhabi and increase investor confidence. The partnership is part of Abu Dhabi’s campaign to develop the non-oil economy which was evident in its recent reforms and Dh50 billion stimulus to create further...

Mercedes takes on Tesla with fully-electric SUVGerman carmaker Mercedes-Benz has unveiled its first fully-electric SUV, in a bid to take on US rival Tesla.
The subsidiary of Daimler says the EQC, which has two electric motors, will have a range of more than 450km.
It will start rolling off production lines at the Mercedes-Benz plant in Bremen in 2019.
The firm is investing more than €10bn (£9bn) in the expansion of its electric range,...

US Fed chair Jerome Powell backs cautious path on ratesThe "consensus view" at the US Federal Reserve is that gradual interest rate rises remain the best policy, the head of the US central bank has said.
Federal Reserve chair Jerome "Jay" Powell made the remarks at an annual economic conference in Wyoming.
He said the difficulties of interpreting data suggest the wisdom of a conservative approach.
However, he added, policymakers will act deci...

Trump administration plans to drop Obama-era rule aimed at abuses by for-profit collegesThe Trump administration plans to scrap rules aimed at protecting students from unscrupulous for-profit college programs that have saddled many graduates with debts proportionally far higher than their incomes.
The change would eliminate the Obama administration's so-called gainful employment regulations. The rules had threatened to cut federal funding from for-profit colleges that don't prove ...

Shareholders approve Fox Disney dealShareholders have signed off on Walt Disney's plan to buy the film and television assets of Rupert Murdoch's 21st Century Fox for $71bn (£54bn).
The approval, which had been expected, bring the merger one step closer to completion.
Regulators in the US have already approved the plan, but it still needs the go-ahead in many other countries.
The companies said last December they hoped to co...

Dubai developer vows to turn piece of desert into green residences.The Dh75 million Samana Greens residential project in Arjan area near Miracle Gardens tourist spot in Dubai is under fast-track before its commercial launch. Samana Developers, a Dubai-based developer of the project, said its on fast track with the contractor on ground completing 12 per cent of the construction works in 100 days, reflecting the developer’s strong commitment to complete the project...

Trump tariffs: Markets fall as trade war fears mountStock markets have fallen around the world in the wake of President Trump's latest tariffs threat to China.
The Dow Jones closed down almost 1.2% or 287 points after Asian and European markets fell sharply earlier.
Mr Trump has threatened to put tariffs on an extra $200bn (£141bn) of Chinese goods, sparking fears of a trade war.
The US president said the tariffs would be imposed if China ...